King to Testify in Books Merger Trail
Source: Hillel Italie, CTV News, August 2, 2022
“The more the publishers consolidate, the harder it is for indie publishers to survive,” King tweeted last year.
WASHINGTON – As the U.S. Justice Department bids to convince a federal judge that the proposed merger of Penguin Random House and Simon & Schuster would damage the careers of some of the most popular authors, it is leaning in part on the testimony of a writer who has thrived like few others: Stephen King.
The author of “Carrie,” “The Shining” and many other favorites, King has willingly — even eagerly — placed himself in opposition to Simon & Schuster, his longtime publisher. He was not chosen by the government just for his fame, but for his public criticism of the $2.2 billion deal announced in late 2021, joining two of the world’s biggest publishers into what rival CEO Michael Pietsch of Hachette Book Group has called a “gigantically prominent” entity.
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